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Barchart
Mark R. Hake, CFA

DARK SECRETS: Alphabet stock is trading flat but shorting otm puts is still a good play | Rare Historical Photos

Alphabet Inc.'s (GOOG, GOOGL) stock has been flat since its Oct. 29 Q3 earnings release. One profitable way to play this is to short out-of-the-money (OTM) put options, set a lower buy-in target, and get paid while waiting.

GOOG was at $173.19 in midday trading on Monday, Dec. 2, 2024. This is roughly flat from the $172.69 it traded at on Oct. 31.

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